VSE Unit Awarded GSA Environmental Advisory Services Contract
ALEXANDRIA, Va., April 25 /PRNewswire/ -- VSE Corporation (VSE) (Nasdaq: VSEC) reported that its subsidiary Energetics Incorporated (Energetics) was recently awarded a contract to provide Environmental Advisory Services to Federal government agencies under the General Services Administration Federal Supply Services Schedules Program. The contract, which was effective as of December 27, 1999, is for five years and represents potential revenue of up to $2 million, depending on customer requirements and funding availability. The contract includes an option for an additional period of five years on expiration of the base period
Environmental advisory services offered by Energetics through the GSA contract include environmental planning, compliance, and training services. These services are distinct from environmental engineering, design, and cleanup, and do not include any services for excavating or cleanup of hazardous waste sites. Under the contract, Energetics services might include environmental training courses, preparation of environmental impact statements, assistance with environmental compliance issues, development of environmental management systems, and services related to historic and archeological preservation. A first for Energetics, this is the fourth contract awarded to VSE and subsidiaries since 1999 under the GSA Federal Supply Services Schedules Program.
"This contract represents an opportunity for Energetics to market its environmental expertise at competitive prices to all Federal Agencies that require the specialized regulatory knowledge resident in our environmental group," said Bob Kelly, President of Energetics. "Our specialized expertise in the environmental arena is now available to clients through an efficient and timely contracting mechanism."
Energetics provides diversified services and products to the energy, environmental and information technology services markets. Energetics' principal customers are agencies of the U.S. government and other government prime contractors. The company has about 100 employees providing services and products from locations in Columbia, Maryland, Washington, D.C., and Morgantown, West Virginia.
For more information on services offered by Energetics, please see the Energetics web site at www.energetics.com or contact Howard E. Lowitt at (410) 290-0370 or Bonnie Ram at (202) 479-2748. |
